Jeff Stansberry
To Sell And Take A Loss... Or Hang In There....
In 2007 I bought a Duplex in a small town called Barstow, CA for $230k. The unthinkable happened, and home values and rents dropped. It was renting for $750 each, now it's at $625 each. Now, in 2018 the value of the d...
Fred Ramos
Condensation on new windows
We recently replaced 3 windows on one of rent houses and I just discovered that there is condensation on the inside part of the window. Not between the panes of glass but on the inside of the house. Has anyone here ha...
Stephen R.
Law Day and underwater foreclosure
I'm looking at a property in foreclosure, or pre-foreclosure. The "law day" is set for January 31. (I'm in CT.) The property is upside down with the debt exceeding the FMV by about $48k. It will need somewhere in the ...
Gary O.
Hard money and outside investores
I know I need to use somebody else's moneyI am a property owner with interests in several properties. Shouldn't be a problem but banks don't want a highly leveraged person like I am. Hard money, that's the answer righ...
Corey Dutton
?Bank of America Accused of Dumping $855 MM in Toxic Assets
Once again, Bank of America continues to earn its trademark as the worst bank in America. The SEC is now conducting an investigation of Bank of America and two of its subsidiaries for defrauding investors in 2008 t...
Olivier LePage
How to convince a homeowner
How to convince a homeowner to sell is house for 70% of the market value or less?
James Carlson
Colorado bill to quadruple STR taxes fails in committee
Colorado vacation rental owners can breathe a sigh of relief. A bill that would have increased property taxes 400% on all STRs failed by a wide margin on Tuesday. The plan would have reclassified Colorado short-term r...
Carrie B.
Tenant left personal property but did not leave keys
My tenant owes me several months of rent, FINALLY he has stated he have moved but did not leave keys and have left a lot of personal property. I have a new tenant moving in soon and need to clean my unit. I have ...
Lynn McGeein
Lead Paint causing violent crime discussed this weekend
Watched Up with Chris Hayes this weekend, interested in the violent crime discussion, and surprised to hear the theory that it could be caused by lead and lead based paint and how abatement is essential. Found this a...
Tony Castronovo
Recourse or Non-Recourse
I'm currently in a recourse loan on a MF property and in the middle of refinancing. As I evaluate loan offers I am getting both recourse and non-recourse offers. Of course I understand the desire to have a non-recou...